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Overview

Fund Profile

Key Facts

Fund Ticker ZBBB
Net Assets (Mn)
(Sep 18, 2020)
$ 5.41
Base Currency CAD
Closing Market Price $ 30.89
12-Month Low/High (Market Price) $ 27.11 / $ 30.89
Closing NAV Price
(Sep 18, 2020)
$ 30.8881
12-Month Low/High (Price (NAV)) $ 28.4441 / $ 30.8881
Weighted Average Term (Years) 4.93
Weighted Average Coupon (%) 3.43%
Annualized Distribution Yield
(Sep 11, 2020)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

3.11%
Weighted Average Yield to Maturity (%)

Weighted Average Yield to Maturity: The market value weighted average yield to maturity includes the coupon payments and any capital gain or loss that the investor will realize by holding the bonds to maturity.

1.79%
Weighted Average Duration (Years) 4.43
Maximum Annual Management Fee 0.15%
Management Expense Ratio 0.17%

Estimate only. Audited MER is unavailable since the ETF has not yet completed a financial year.

Market Volume 2,000
Distribution Frequency Quarterly
Options Available No
Inception Date Feb 05, 2020
Fiscal Year-End December 31
Units Outstanding (000's) 175
Index FTSE Canada 1-10 year BBB Corporate Bond Index™
Exchange TSX
CUSIP 05601B107
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO BBB Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year BBB Corporate Bond Index™, net of expenses. The Fund invests in debt securities with a term to maturity greater than one year and less than ten years. Securities held in the Index are corporate bonds issued domestically in Canada in Canadian dollars, with a BBB rating.

Benchmark Info

The FTSE Canada 1-10 year BBB Corporate Bond Index™ consists of semi-annual pay fixed rate corporate bonds denominated in Canadian dollars, with an effective term to maturity greater than one year and less than ten years, with a credit rating of BBB and minimum issue size of $100 million. Each security in the index is weighted by its relative market capitalization and re-balanced on a daily basis.

Fund Benefits

  • Designed for investors looking for consistent income
  • Invested in a diversified portfolio of BBB corporate bonds
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Details

Fund Total Assets ($Mn)
(Sep 18, 2020)
$ 5.41
Market Price $ 30.89
12-Month Low/High (Market Price) $ 27.11 / $ 30.89
Price (NAV) $ 30.8881
12-Month Low/High (Price (NAV)) $ 28.4441 / $ 30.8881
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Sep 18, 2020)
1 Day Change 1 Day % Change
Market Price $ 30.89 - -
Price (NAV) $ 30.8881 $ 0.0067 0.02%

Performance

Annualized Performance

Annualized Performance (%) for period ending: -

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - -
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: -

YTD
NAV -
Index -
Cumulative Performance

Cumulative Performance (%) for period ending: -

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - - - - - -
Index - - - - - - - - - -

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

Download Distribution History (Excel)
Distribution Period

Future distribution dates may change without any prior notice.

Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Total Distribution Per Unit
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.240000 0.000000 0.240000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 0.240000 0.000000 0.240000
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
Download Distribution Tax (Excel)
Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Sep 18, 2020

Fixed Income

98.92%

Cash and Cash Equivalents

1.08%

Number of Holdings

88

Total Net Assets

$ 5,405,440.00


Download Holdings (Excel)
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Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
4.19% BANK OF MONTREAL 2.88% 17Sep2029 CA06369ZCE21 215,000 CAD 2.88 09/17/2029 226,677 - Fixed Income
3.99% TRANSCANADA PIPELINES LTD 3% 18Sep2029 CA89353ZCE66 200,000 CAD 3.00 09/18/2029 215,618 - Fixed Income
3.89% BELL CANADA INC 2.5% 14May2030 CA07813ZCE21 200,000 CAD 2.50 05/14/2030 210,430 - Fixed Income
2.77% TELUS CORP 3.15% 19Feb2030 CA87971MBN26 135,000 CAD 3.15 02/19/2030 149,562 - Fixed Income
2.40% BANK OF NOVA SCOTIA/THE 2.58% 30Mar2027 CA064151AR46 125,000 CAD 2.58 03/30/2027 129,525 - Fixed Income
2.20% NORTH WEST REDWATER PARTNERSHIP / NWR FINANCING CO LTD 4.25% 01Jun2029 CA663307AF34 100,000 CAD 4.25 06/01/2029 119,116 - Fixed Income
2.18% TRANSCANADA PIPELINES LTD 3.69% 19Jul2023 CA89353ZBX56 110,000 CAD 3.69 07/19/2023 118,037 - Fixed Income
2.10% ENBRIDGE PIPELINES INC 3.52% 22Feb2029 CA29250ZAX65 100,000 CAD 3.52 02/22/2029 113,270 - Fixed Income
1.95% LOBLAW COS LTD 4.86% 12Sep2023 CA539481AJ06 95,000 CAD 4.86 09/12/2023 105,425 - Fixed Income
1.93% ROGERS COMMUNICATIONS INC 4% 13Mar2024 CA775109BA89 95,000 CAD 4.00 03/13/2024 104,061 - Fixed Income
1.63% BROOKFIELD PROPERTY FINANCE ULC 4.3% 01Mar2024 CA11286ZAC82 85,000 CAD 4.30 03/01/2024 87,988 - Fixed Income
1.44% LOBLAW COS LTD 3.92% 10Jun2024 CA539481AL51 70,000 CAD 3.92 06/10/2024 77,883 - Fixed Income
1.40% NORTH WEST REDWATER PARTNERSHIP / NWR FINANCING CO LTD 2.8% 01Jun2027 CA663307AL02 70,000 CAD 2.80 06/01/2027 75,644 - Fixed Income
1.39% CANADIAN IMPERIAL BANK OF COMMERCE 3.45% 04Apr2028 CA136069YW55 70,000 CAD 3.45 04/04/2028 75,044 - Fixed Income
1.34% FIRST CAPITAL REAL ESTATE INVESTMENT TRUST 3.95% 05Dec2022 CA31943BBR02 69,000 CAD 3.95 12/05/2022 72,218 - Fixed Income
1.33% SHAW COMMUNICATIONS INC 4.35% 31Jan2024 CA82028KAT84 65,000 CAD 4.35 01/31/2024 71,783 - Fixed Income
1.26% BRUCE POWER LP 3.97% 23Jun2026 CA116705AB01 60,000 CAD 3.97 06/23/2026 68,310 - Fixed Income
1.24% ENBRIDGE PIPELINES INC 3.45% 29Sep2025 CA29250ZAT53 60,000 CAD 3.45 09/29/2025 67,047 - Fixed Income
1.22% NORTH WEST REDWATER PARTNERSHIP / NWR FINANCING CO LTD 3.2% 24Apr2026 CA663307AE68 60,000 CAD 3.20 04/24/2026 66,166 - Fixed Income
1.21% BANK OF NOVA SCOTIA/THE 3.89% 18Jan2029 CA06415ELY90 60,000 CAD 3.89 01/18/2029 65,328 - Fixed Income
1.21% ENBRIDGE INC 2.99% 03Oct2029 CA29251ZBS52 60,000 CAD 2.99 10/03/2029 65,485 - Fixed Income
1.20% CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 3.56% 09Sep2024 CA17039AAM86 60,000 CAD 3.56 09/09/2024 64,964 - Fixed Income
1.20% WESTCOAST ENERGY INC 3.43% 12Sep2024 CA95751ZAS26 60,000 CAD 3.43 09/12/2024 65,020 - Fixed Income
1.20% FAIRFAX FINANCIAL HOLDINGS LTD 4.23% 14Jun2029 CA303901BD38 60,000 CAD 4.23 06/14/2029 64,995 - Fixed Income
1.20% HUSKY ENERGY INC 3.5% 07Feb2028 CA448055AS21 64,000 CAD 3.50 02/07/2028 64,785 - Fixed Income
1.19% ALIMENTATION COUCHE-TARD INC 3.06% 26Jul2024 CA01626PAF32 60,000 CAD 3.06 07/26/2024 64,388 - Fixed Income
1.17% ENBRIDGE INC 3.19% 05Dec2022 CA29251ZBC01 60,000 CAD 3.19 12/05/2022 63,489 - Fixed Income
1.17% INTER PIPELINE LTD 3.78% 30May2022 CA45834ZAC38 60,000 CAD 3.78 05/30/2022 63,175 - Fixed Income
1.17% PEMBINA PIPELINE CORP 2.99% 22Jan2024 CA70632ZAH43 60,000 CAD 2.99 01/22/2024 63,467 - Fixed Income
1.16% BROOKFIELD PROPERTY FINANCE ULC 4.35% 03Jul2023 CA11286ZAA27 60,000 CAD 4.35 07/03/2023 62,468 - Fixed Income
1.16% ENBRIDGE INC 5.38% 27Sep2077 CA29250NAT24 60,000 CAD 5.38 09/27/2077 62,514 - Fixed Income
1.16% INTER PIPELINE LTD 2.73% 18Apr2024 CA45834ZAQ24 60,000 CAD 2.73 04/18/2024 62,608 - Fixed Income
1.16% NATIONAL BANK OF CANADA 3.18% 01Feb2028 CA63309ZNL80 60,000 CAD 3.18 02/01/2028 62,852 - Fixed Income
1.16% PEMBINA PIPELINE CORP 2.56% 01Jun2023 CA70632ZAP68 60,000 CAD 2.56 06/01/2023 62,795 - Fixed Income
1.16% GE CAPITAL CANADA FUNDING CO 4.6% 26Jan2022 CA36158ZBV72 60,000 CAD 4.60 01/26/2022 62,750 - Fixed Income
1.15% BANK OF MONTREAL 2.57% 01Jun2027 CA06369ZCD48 60,000 CAD 2.57 06/01/2027 62,058 - Fixed Income
1.15% HUSKY ENERGY INC 3.55% 12Mar2025 CA448055AM50 60,000 CAD 3.55 03/12/2025 62,331 - Fixed Income
1.14% 407 INTERNATIONAL INC 2.47% 08Sep2022 CA35085ZBR60 60,000 CAD 2.47 09/08/2022 61,708 - Fixed Income
1.13% RIOCAN REAL ESTATE INVESTMENT TRUST 2.58% 12Feb2025 CA766910BE26 60,000 CAD 2.58 02/12/2025 61,058 - Fixed Income
1.13% WESTCOAST ENERGY INC 3.12% 05Dec2022 CA95751ZAQ69 58,000 CAD 3.12 12/05/2022 61,321 - Fixed Income
1.07% BROOKFIELD INFRASTRUCTURE FINANCE ULC 4.19% 11Sep2028 CA11291ZAE75 50,000 CAD 4.19 09/11/2028 57,875 - Fixed Income
1.07% CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 4.18% 08Mar2028 CA17039AAN69 50,000 CAD 4.18 03/08/2028 57,660 - Fixed Income
1.06% BELL CANADA INC 3.6% 29Sep2027 CA07813ZBY93 50,000 CAD 3.60 09/29/2027 57,254 - Fixed Income
1.04% TELUS CORP 3.3% 02May2029 CA87971MBJ14 50,000 CAD 3.30 05/02/2029 56,402 - Fixed Income
1.04% ENBRIDGE INC 6.63% 12Apr2078 CA29250NAX36 50,000 CAD 6.63 04/12/2078 56,035 - Fixed Income
1.03% BELL CANADA INC 3.55% 02Mar2026 CA07813ZBT09 50,000 CAD 3.55 03/02/2026 55,548 - Fixed Income
1.03% TELUS CORP 3.75% 17Jan2025 CA87971MAX17 50,000 CAD 3.75 01/17/2025 55,494 - Fixed Income
1.03% ENBRIDGE INC 3.95% 19Nov2024 CA29251ZBQ96 50,000 CAD 3.95 11/19/2024 55,686 - Fixed Income
1.01% TELUS CORP 3.35% 01Apr2024 CA87971MAR49 50,000 CAD 3.35 04/01/2024 54,517 - Fixed Income
1.01% BELL CANADA INC 3.35% 12Mar2025 CA07813ZBZ68 50,000 CAD 3.35 03/12/2025 54,468 - Fixed Income
1.01% CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 3.55% 10Jan2025 CA17039AAK21 50,000 CAD 3.55 01/10/2025 54,566 - Fixed Income
1.00% TELUS CORP 2.75% 08Jul2026 CA87971MBL69 50,000 CAD 2.75 07/08/2026 53,927 - Fixed Income
0.99% BROOKFIELD INFRASTRUCTURE FINANCE ULC 3.32% 22Feb2024 CA11291ZAD92 50,000 CAD 3.32 02/22/2024 53,503 - Fixed Income
0.98% INTER PIPELINE LTD 3.17% 24Mar2025 CA45834ZAM10 50,000 CAD 3.17 03/24/2025 53,218 - Fixed Income
0.97% CHOICE PROPERTIES LP 3.6% 20Sep2022 CA17039BAF19 50,000 CAD 3.60 09/20/2022 52,224 - Fixed Income
0.97% RIOCAN REAL ESTATE INVESTMENT TRUST 3.21% 29Sep2023 CA766910BD43 50,000 CAD 3.21 09/29/2023 52,609 - Fixed Income
0.96% RIOCAN REAL ESTATE INVESTMENT TRUST 2.83% 03Oct2022 CA766910BB86 50,000 CAD 2.83 10/03/2022 51,783 - Fixed Income
0.96% CO-OPERATORS FINANCIAL SERVICES LTD 3.33% 13May2030 CA18976JAC41 50,000 CAD 3.33 05/13/2030 51,849 - Fixed Income
0.95% CANADIAN NATURAL RESOURCES LTD 3.55% 03Jun2024 CA13638ZCR43 48,000 CAD 3.55 06/03/2024 51,603 - Fixed Income
0.94% BROOKFIELD PROPERTY FINANCE ULC 3.93% 15Jan2027 CA11286ZAD65 50,000 CAD 3.93 01/15/2027 50,876 - Fixed Income
0.94% H&R REAL ESTATE INVESTMENT TRUST 2.92% 06May2022 CA403925AW02 50,000 CAD 2.92 05/06/2022 50,903 - Fixed Income
0.77% TRANSCANADA PIPELINES LTD 3.65% 15Nov2021 CA89353ZBW73 40,000 CAD 3.65 11/15/2021 41,828 - Fixed Income
0.72% SAPUTO INC 1.94% 13Jun2022 CA80310ZAD11 38,000 CAD 1.94 06/13/2022 38,923 - Fixed Income
0.71% SHAW COMMUNICATIONS INC 3.8% 02Nov2023 CA82028KAX96 35,000 CAD 3.80 11/02/2023 38,321 - Fixed Income
0.70% BROOKFIELD RENEWABLE PARTNERS ULC 3.75% 02Jun2025 CA11282ZAA62 34,000 CAD 3.75 06/02/2025 38,008 - Fixed Income
0.68% LOBLAW COS LTD 4.49% 11Dec2028 CA539481AM35 30,000 CAD 4.49 12/11/2028 36,877 - Fixed Income
0.68% SYSCO CANADA INC 3.65% 25Apr2025 CA871828AA79 34,000 CAD 3.65 04/25/2025 36,877 - Fixed Income
0.64% SAPUTO INC 2.24% 16Jun2027 CA80310ZAG42 33,000 CAD 2.24 06/16/2027 34,577 - Fixed Income
0.60% SAPUTO INC 2.88% 19Nov2024 CA80310ZAF68 30,000 CAD 2.88 11/19/2024 32,322 - Fixed Income
0.60% WASTE MANAGEMENT OF CANADA CORP 2.6% 23Sep2026 CA94107TAA93 30,000 CAD 2.60 09/23/2026 32,361 - Fixed Income
0.59% CAMECO CORP 3.75% 14Nov2022 CA13321LAH11 30,000 CAD 3.75 11/14/2022 31,721 - Fixed Income
0.59% BELL CANADA INC 2.7% 27Feb2024 CA07813ZBW38 30,000 CAD 2.70 02/27/2024 31,637 - Fixed Income
0.59% DAIMLER CANADA FINANCE INC 1.65% 22Sep2025 CA23384NBS59 32,000 CAD 1.65 09/22/2025 32,048 - Fixed Income
0.57% VENTAS CANADA FINANCE LTD 3.3% 01Feb2022 CA92277LAC06 30,000 CAD 3.30 02/01/2022 30,602 - Fixed Income
0.56% VW CREDIT CANADA INC 1.2% 25Sep2023 CA918423AX21 30,000 CAD 1.20 09/25/2023 30,018 - Fixed Income
0.55% VW CREDIT CANADA INC 1.5% 23Sep2025 CA918423AY04 30,000 CAD 1.50 09/23/2025 29,992 - Fixed Income
0.52% CANADIAN PACIFIC RAILWAY CO 3.15% 13Mar2029 CA13645RAZ79 25,000 CAD 3.15 03/13/2029 27,883 - Fixed Income
0.51% ALIMENTATION COUCHE-TARD INC 3.6% 02Jun2025 CA01626PAE66 25,000 CAD 3.60 06/02/2025 27,744 - Fixed Income
0.49% BELL CANADA INC 3.35% 22Mar2023 CA07813ZBC73 25,000 CAD 3.35 03/22/2023 26,370 - Fixed Income
0.49% FORTIS INC/CANADA 2.85% 12Dec2023 CA349553AN72 25,000 CAD 2.85 12/12/2023 26,632 - Fixed Income
0.44% DOLLARAMA INC 1.51% 20Sep2027 CA25675TAK30 24,000 CAD 1.51 09/20/2027 24,024 - Fixed Income
0.38% RELIANCE LP 2.68% 01Dec2027 CA759480AL07 20,000 CAD 2.68 12/01/2027 20,645 - Fixed Income
0.37% MCAP COMMERCIAL LP 3.74% 25Aug2025 CA55279QAD21 20,000 CAD 3.74 08/25/2025 20,270 - Fixed Income
0.34% BELL CANADA INC 1.65% 16Aug2027 CA07813ZCF95 18,000 CAD 1.65 08/16/2027 18,132 - Fixed Income
0.16% TERANET HOLDINGS LP 3.54% 11Jun2025 CA880789AQ53 8,000 CAD 3.54 06/11/2025 8,515 - Fixed Income
0.10% BELL CANADA INC 3% 03Oct2022 CA07813ZBS26 5,000 CAD 3.00 10/03/2022 5,286 - Fixed Income
0.07% RIOCAN REAL ESTATE INVESTMENT TRUST 2.36% 10Mar2027 CA766910BF90 4,000 CAD 2.36 03/10/2027 3,970 - Fixed Income
1.08% CASH - 1 CAD - - 58,491 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

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